Things Every First-Time Home Buyer Should Know

4 Secrets Every First-time Homebuyer Should Know. A s a first-time home buyer, shopping for a house can be scary, exhausting and exciting all at the same time. You’ve been dreaming of homes and finally, it’s time to go shopping. The problem that most people face it.

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Home-buying hopefuls have until April 30 to write a contract on a house if they want to qualify for the $8,000 tax credit for first time home buyers or the $6,500. if applicable. I know it sounds.

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Real estate agents, it's your job to educate first-time homebuyers. Here are 5 things all buyers should know before they begin the homebuying.

 · Now that you know exactly how much home you can afford, you can use your preapproval to your advantage when bidding on a home: the seller knows you have your financing in order and are a serious buyer. Down Payments. As a first-time homebuyer, you should expect to put down between 3% and 20% of the purchase price as the down payment.

Our homebuying checklist for the first-time homebuyer is here to help.. Take a look, print it out and check off items along the way.. anywhere else, you should first get an idea about how much you can spend on your new home.. You'll want to make sure you know exactly how much cash you'll be spending in the end.

You need to look at what you pay as a renter, what you're likely to pay as a.. Too many first-time home buyers don't know anything about closing costs.

 · 5 Things Every First Time Home Buyer Should Know About short sales written by Jason Nelson on July 13, 2016. 5 Things Every First Time Home Buyer Should Know about Short Sales. For a borrower, a short sale, also referred to as a pre-foreclosure sale, means selling his home for less than the outstanding balance on his mortgage.

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Read our blog to learn things that every first-time homebuyer should know. If you’re ready to buy or sell a property in Texas, contact Easy Peasy Real Estate Solutions today.

Find answers for all your first time home buyer questions about mortgages, real estate concepts, What should first-time homebuyers know about mortgages?

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